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macroJun 20, 2026, 2:22 PM

Iran Closes Strait of Hormuz Citing Ceasefire Violation

Iran announced the closure of the Strait of Hormuz, accusing the US and Israel of violating a ceasefire. The move follows continued Israeli strikes, according to Iranian officials.

WTIBRENT

Iran has closed the Strait of Hormuz, a strategic waterway for global oil shipments, according to a breaking report. The decision was made after Iran accused the United States and Israel of violating an existing ceasefire agreement.

Iranian authorities cited ongoing Israeli strikes as the direct trigger for the closure. No further details on the duration or scope of the closure have been provided.

Source: FXStreet Forex News